Elizabeth is one of the older cities in New Jersey, founded in 1664, and located very close to Newark and Newark Airport. Because of its strategic location, its history includes colonial settlement, industrial growth, shipping/port activities, and more recently urban residential redevelopment. Key areas include the Elizabethport waterfront, Mid-town, and older residential neighborhoods. Housing types range from early 20th-century single-family homes and row houses, some mid-century subdivisions, multi-family properties, and increasing infill redevelopment. The environment is urban to inner-suburban: compared to Lakewood it’s more densely built, closer to job centres and transit. Zillow gives an average value of $546,783. The average home value is $546,783. The median listing price is about $512,500. For building new homes, opportunities exist but land is more constrained and costs are higher because of demand and proximity to New York and New Jersey job markets. So build+lot costs would likely be higher than many outer suburbs. Elizabeth is just ~5-10 miles from Newark and ~16 miles from Manhattan across the river (with transit). It makes it very attractive for commuters.
Elizabeth Real Estate Listings
Elizabeth is one of the older cities in New Jersey, founded in 1664, and located very close to Newark and Newark Airport. Because of its strategic location, its history includes colonial settlement, industrial growth, shipping/port activities, and more recently urban residential redevelopment. Key areas include the Elizabethport waterfront, Mid-town, and older residential neighborhoods. Housing types range from early 20th-century single-family homes and row houses, some mid-century subdivisions, multi-family properties, and increasing infill redevelopment. The environment is urban to inner-suburban: compared to Lakewood it’s more densely built, closer to job centres and transit. Zillow gives an average value of $546,783. The average home value is $546,783. The median listing price is about $512,500. For building new homes, opportunities exist but land is more constrained and costs are higher because of demand and proximity to New York and New Jersey job markets. So build+lot costs would likely be higher than many outer suburbs. Elizabeth is just ~5-10 miles from Newark and ~16 miles from Manhattan across the river (with transit). It makes it very attractive for commuters.